Burry buys JD, Alibaba, GameStop, adds Nvidia puts
Get Alerts JD Hot Sheet
Join SI Premium – FREE
Investing.com -- US-listed shares of JD.com rose 2.0% on Friday after investor Michael Burry disclosed he purchased shares in the China-based online marketplace.
Burry, known for his role in "The Big Short," also bought Alibaba, he wrote in a Substack post.
"JD is a significant add, and Alibaba is a new position, a little over 6%," with JD "a bit more than that," the post for paid subscribers read.
Recent weakness in JD provided "an attractive entry point," according to the post.
Separately, Burry wrote that he bought GameStop, "adding to an already decent sized position," and that he purchased shares in Fiserv.
Burry also wrote that he added to his Nvidia puts, "this time buying the January 27 Strike 115 puts at 3.30."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Evercore ISI Downgrades Adobe (ADBE) to In Line
- Morgan Stanley Upgrades Towa Pharmaceutical Co Ltd (4553:JP) to Overweight
- IG Group Holdings (IGG:LN) (IGGHY) PT Raised to GBP20 at Deutsche Bank
Create E-mail Alert Related Categories
InvestingRelated Entities
Michael Burry, Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share